Thinking Electronic Industrial Co (TPE:2428) Dividend Payout Ratio: 0.00 (As of Dec. 2025)


TPE:2428 Thinking Electronic Industrial Co Ltd TPE:2428
78 GF Score
Price NT$342.00
GF Value NT$175.51
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Thinking Electronic Industrial Co Dividend Payout Ratio?

Thinking Electronic Industrial Co TPE:2428 +9.97% 78 Dividend Payout Ratio is 0.00 as of Dec. 2025. GuruFocus rates TPE:2428 with a GF Score™ of 78/100 and a GF Value™ of NT$175.51 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,212 Hardware companies, Thinking Electronic Industrial Co ranks worse than 54.87% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Thinking Electronic Industrial Co's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.00.

The historical rank and industry rank for Thinking Electronic Industrial Co's Dividend Payout Ratio or its related term are showing as below:

TPE:2428' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.44   Max: 0.59
Current: 0.52


During the past 13 years, the highest Dividend Payout Ratio of Thinking Electronic Industrial Co was 0.59. The lowest was 0.36. And the median was 0.44.

TPE:2428's Dividend Payout Ratio is ranked worse than
54.87% of 1212 companies
in the Hardware industry
Industry Median: 0.47 vs TPE:2428: 0.52

As of today (2026-07-05), the Dividend Yield % of Thinking Electronic Industrial Co is 1.78%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Thinking Electronic Industrial Co was 7.07%. The lowest was 1.77%. And the median was 3.79%.

Thinking Electronic Industrial Co's Dividends per Share for the months ended in Dec. 2025 was NT$0.00.

During the past 12 months, Thinking Electronic Industrial Co's average Dividends Per Share Growth Rate was 17.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -1.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Thinking Electronic Industrial Co was 38.20% per year. The lowest was -5.90% per year. And the median was 11.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Thinking Electronic Industrial Co (TPE:2428) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Thinking Electronic Industrial Co Dividend Payout Ratio Related Terms


Thinking Electronic Industrial Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Thinking Electronic Industrial Co's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thinking Electronic Industrial Co Dividend Payout Ratio Chart

Thinking Electronic Industrial Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.59 0.53 0.43 0.52

Thinking Electronic Industrial Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 1.91 0.00

TPE:2428 vs APH, GLW: Dividend Payout Ratio Comparison

For the Electronic Components subindustry, Thinking Electronic Industrial Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thinking Electronic Industrial Co Dividend Payout Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Thinking Electronic Industrial Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Thinking Electronic Industrial Co's Dividend Payout Ratio falls into.


TPE:2428
78GF Score
Thinking Electronic Industrial Co Ltd TPE:2428
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thinking Electronic Industrial Co Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Thinking Electronic Industrial Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=6.1/ 11.703
=0.52

Thinking Electronic Industrial Co's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0/ 3.287
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
Thinking Electronic Industrial Co (TPE:2428) has a Dividend Payout Ratio of 0.00 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Thinking Electronic Industrial Co and its competitors. Over the past decade, Thinking Electronic Industrial Co's Dividend Payout Ratio has ranged from 0.36 to 0.59. According to the industry distribution chart, Thinking Electronic Industrial Co ranks #665 out of 1212 companies in the Hardware industry, placing it in the top 54.9%.
Is Thinking Electronic Industrial Co's Dividend Payout Ratio too high?
Thinking Electronic Industrial Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.59. Based on the distribution chart, Thinking Electronic Industrial Co ranks #665 out of 1212 companies in the Hardware industry, which is below the industry midpoint. Overall, Thinking Electronic Industrial Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thinking Electronic Industrial Co's Dividend Payout Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Thinking Electronic Industrial Co ranks #665 out of 1212 companies for Dividend Payout Ratio. This places Thinking Electronic Industrial Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.47. Historically, Thinking Electronic Industrial Co's own Dividend Payout Ratio has ranged from 0.36 to 0.59 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Hardware company?
The median Dividend Payout Ratio among Hardware companies is 0.47, based on 1,212 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Thinking Electronic Industrial Co and its competitors. For the Hardware industry, the median Dividend Payout Ratio is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinking Electronic Industrial Co's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinking Electronic Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Thinking Electronic Industrial Co (TPE:2428) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$175.51, compared to a current price of NT$342.00 — trading 94.9% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Thinking Electronic Industrial Co's overall GF Score™ is 78/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Thinking Electronic Industrial Co (TPE:2428), the current Dividend Payout Ratio is 0.00 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thinking Electronic Industrial Co (TPE:2428) Overvalued in 2026?

Based on GuruFocus' analysis, Thinking Electronic Industrial Co stock appears to be overvalued. The current stock price of NT$342.00 is trading 94.9% above its estimated GF Value™ of NT$175.51. GuruFocus considers Thinking Electronic Industrial Co to be Significantly Overvalued.

Key valuation signals for TPE:2428:

  • Dividend Payout Ratio: 0.00
  • GF Value™: NT$175.51 vs. price of NT$342.00 (94.9% above fair value)
  • GF Score™: 78/100 with 8 warning signs

No single metric tells the full story. See the TPE:2428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thinking Electronic Industrial Co Business Description

Address Dashun 1st Road, No. 93, 8th Floor, Zuoying District, Kaohsiung, TWN
Thinking Electronic Industrial Co Ltd manufactures, processes, and sells electric devices, thermistors, varistors, and wires. Its product portfolio comprises negative temperature coefficient thermistors, zinc oxide varistors, ceramic positive temperature thermistors, polymer positive temperature coefficient thermistors (Polymer PTC resettable fuse), temperature sensors, and gas discharge tubes, among others. The Group's reportable segments are: Thinking Electronic Industrial (the company), which generates the maximum revenue, Thinking Changzhou, Dongguan Welkin and Zhongshan Welkin Guangdong, Thinking Yichang, Jiangxi Thinking, and Others. Geographically, it generates maximum revenue from Greater China (including Taiwan), and the rest from Europe and other regions.
78GF Score

Get the complete analysis for TPE:2428

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$342.00
Price
NT$175.51
GF Value